How does the GDP Deflator Calculator work?
Free GDP Deflator Calculator - Calculates the GDP Deflator using nominal and real GDP
This calculator has 2 inputs.
What 1 formula is used for the GDP Deflator Calculator?
GDP Deflator = Nominal GDP * 100/Real GDP
What 6 concepts are covered in the GDP Deflator Calculator?
- consumption
- an activity in which institutional units use up goods or services
- export
- movable goods produced within the boundaries of one country, which are traded with another country
- gdp
- Gross Domestic Product. GDP measures the monetary value of final goods and services - that is, those that are bought by the final user-produced in a country in a given period of time
C + I + G + X - I - gdp deflator
- measures the change in the annual domestic production due to changes in price rates in the economy.
Nominal GDP * 100/Real GDP - import
- goods produced outside the boundaries of one country, which are then purchased by that country
- investment
- an asset or item acquired with the goal of generating income or appreciation.